when compared to the previous quarter<\/a>.<\/p>\n\n\n\nThe company reported a loss attributable to shareholders of MYR26.8m. This contrasts with a profit of MYR9.4m in the same period a year earlier and a profit of MYR26.2m in the preceding quarter. The company recorded negative earnings before interest, taxation, depreciation, and amortization (EBITDA) of MYR13.8m.<\/p>\n\n\n\n
According to RGB International, this result were due to delays in shipments during the fourth quarter. Administrative expenses rose by 298.2 per cent year-on-year, reaching MYR47.6m, while sequential expenses rose by 275.9 per cent.<\/p>\n\n\n\n
Despite the challenging quarter, the company announced a second interim dividend of MYR0.008 per share to be paid on April 18. This follows a special dividend of MYR0.006 per share in October and a first interim dividend of the same amount in January.<\/p>\n\n\n\n
RGB’s profit to shareholders increased by 682.8 per cent year-on-year to MYR36.5bn for full-year 2023. Aggregate revenue was MYR707.8m, up 159.7 per cent from 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"
Revenue was down 9.4 per cent from the previous year.<\/p>\n","protected":false},"author":176,"featured_media":25100,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"RGB International reported a challenging Q4 2023, with revenue declining 9.4% year-on-year to MYR108.6m and a net loss attributable to shareholders of MYR26.8m, primarily due to shipment delays and a substantial 298.2% increase in administrative expenses. Despite the quarterly downturn, the company declared a second interim dividend. For the full fiscal year 2023, RGB International achieved robust growth, with aggregate revenue increasing 159.7% to MYR707.8m and profit to shareholders surging 682.8% to MYR36.5bn.","focusai_entities":"RGB International","focusai_location":"Malaysia","focusai_target_profile":"ceo_executive (0.9), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q4 Operational Headwinds","query":"What specific supply chain disruptions or market conditions contributed to the Q4 shipment delays, and what strategic adjustments are being implemented to enhance operational resilience and mitigate future revenue volatility?"},{"label":"Expense Structure Analysis","query":"Could RGB International elaborate on the drivers behind the significant year-on-year increase in administrative expenses, and what cost rationalization initiatives are planned to improve operational leverage?"}],"footnotes":""},"categories":[163,16333],"tags":[23853],"class_list":["post-777013618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-rgb-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777013618"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013618\/revisions"}],"predecessor-version":[{"id":777013629,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013618\/revisions\/777013629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25100"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}